Unum Group added a managed retirement fund to its 401(k) plan and paired it with automatic withdrawal options.
Legislation requiring public companies to disclose ESG metrics was narrowly approved by the House, but its prospects are uncertain in the Senate.
Vinny Ehzuvan was named CEO of BA Pensions, which provides services for about $37.4 billion in pension fund assets.
A federal judge rejected a petition by MetLife to dismiss a lawsuit by retirees who contend they were shortchanged in their pensions.
Voter suppression and other election threats are capturing the attention of shareholder advocates — including institutional investors.
Saudi Arabia will combine two state-run pension and unemployment insurance funds into an entity with almost $29 billion in stocks.
Canadian investment giant Brookfield Asset Management is bucking the trend when it comes to hybrid work in a post-pandemic world.
Allianz's board member overseeing PIMCO said the German insurance company plans to play an active role in money management consolidation.
Christian Lemaire retired as global head of retirement solutions at Amundi after 20 years with the firm and its parent organization.
David J. Hunter, executive director of the North Dakota Retirement & Investment Office, has resigned effective June 22.
The murky world of metrics used to set ESG scores is an increasingly fraught arena for investors seeking greenwashing-free data.
Texas is drawing battle lines in a fight against investors and companies turning their backs on fossil fuels.
Legal & General Investment Management divested from four companies over insufficient action to address climate-change risks.
Fitch Ratings raised its credit outlook on New York state to stable from negative, while keeping its AA+ rating on general obligation bonds.
More than 6 in 10 Americans would support a program offering government-matched retirement contributions to lower-income working Americans.
S&P Global Ratings raised to stable from negative its outlook for New York state's general obligation bonds.
Most private equity investors foresee a technology-market correction within the next 18 months, but many are also upbeat on new commitments.
ADIA is considering changes to its real estate strategy after some of its major holdings suffered during the coronavirus pandemic.
Record keepers are branching out into new areas of financial wellness to deepen relationships with plan sponsor clients.